BoS 0% balance transfer term now 41 months

Category:
Credit cardsDate:
23/01/2017

MONEYFACTS ARCHIVE

This article was correct at the time of publication. It is now over 6 months
old so the content may be out of date.

Bank of Scotland has increased the introductory balance transfer term on its leading balance transfer credit card by one month, which has improved its position in the charts and earned it the highest Moneyfacts rating.

The basics…

The Bank of Scotland Platinum 41 Month Balance Transfer MasterCard now boasts an introductory 0% interest balance transfer term of 41 months, with an increased introductory fee of 1.90%. It also comes with a six-month 0% interest term for purchases.

The finer details…

Balances must be transferred within 90 days of account opening to benefit from the offer. After the introductory periods have ended, balance transfers will be charged at an annual rate of 18.95% with a 3% fee and standard purchases at 18.9% APR.

Borrowers must be at least 18 years old, can apply online or over the phone, and should remember that rates are representative and dependent on credit ratings.

Why we like it…

The increase in the introductory term may seem small, but it has most certainly increased this deal's attractiveness and enabled it to move further up the Best Buys, earning it our highest rating in the process.

Moneyfacts rating: Outstanding

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.